How to Pay Off Your Student Loans in 2020 | Robert Farrington

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6 • 631 Ratings

🗓️ 4 August 2020

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Student loan debt in 2020 hit a record and is now about $1.56 trillion and growing. If you have student loan debt, I can bet you’d do just about anything to get it paid off. You might also feel a great deal of anxiety, maybe even depression, or anger towards your student loans. No matter how much you owe, you’re probably wondering how to pay off your loans FAST. Robert Farrington, the creator of the brilliant website The College Investor, is here to share what you need to know about your student loans in 2020 and beyond. What You'll Learn Should you defer your loans What did the CARES Act say about student loans How to pay off your loans quickly Should you consolidate or refinance your loans How to invest and pay off your student loans What student loan repayment plan should you be on Is student loan forgiveness for you How to avoid student loan scams Links The College Investor Studentaid.gov Loanbuddy.us Chipper CARES Act SUBSCRIBE & SHARE Want to be the first to know when new episodes are released? Click here to subscribe in iTunes! IT’S FREE! 👉 Sign up for my weekly LET’S TALK MONEY email newsletter. Ask Shannah Have an Ask Shannah question, submit it here Get Social Shannah on Twitter Shannah on Instagram See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Exclusively on Disney Plus.
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0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:30.3	Student loan debt in 2020 hit a record.
0:33.7	And it is now.
0:34.5	Okay, are you ready for this?
0:36.2	$1.56 trillion in growing in the United States.
0:41.2	If you have student loan debt, I bet you would do just about anything to get it paid off.
0:47.1	I have been there myself, so I'm imagining you're probably feeling the same thing.
0:51.7	You might also feel a great deal of anxiety, maybe even depression,
0:55.4	or anger toward your student loans. And no matter how much you owe, you're probably wondering
1:00.4	how to pay off your loans fast. Robert Farrington, the creator of the brilliant website,
1:06.4	the college investor, is here to share what you need to know about your student loans in 2020 and beyond.
1:12.3	I will say based on when we're recording this is that September is a big month in the student
1:17.2	loan world. September of 2020, you know, as of today when we're recording this, they're not
1:23.1	going to extend any student loan benefits. So you need to figure out if you can afford your monthly payment
	...

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